| Title | : | Why Moats Matter: The Morningstar Approach to Stock Investing |
| Author | : | |
| Rating | : | 4.76 (121 Votes) |
| Asin | : | 1118760239 |
| Format Type | : | Hardcover |
| Number of Pages | : | 240 Pages |
| Publish Date | : | 2014-07-21 |
| Genre | : |
Incorporate economic moat analysis for profitable investingWhy Moats Matter is a comprehensive guide to finding great companies with economic moats, or competitive advantages. This book explains the investment approach used by Morningstar, Inc., and includes a free trial to Morningstar's Research.Economic moats—or sustainable competitive advantages—protect companies from competitors. Legendary investor Warren Buffett devised the economic moat concept. Morningstar has made it the foundation of a successful stock-investing philosophy.Morningstar views investing in the most fundamental sense: For Morningstar, investing is about holding shares in great businesses for long periods of time. How can investors tell a great business from a poor one? A great business can fend off competition and earn high returns on capital for many years to come. The key to finding these great companies is identifying economic moats that stem from at least one of five sources of compet
Editorial : From the Inside FlapJust as physical moats protect castles from enemies, economic moats—or sustainable competitive advantages—protect companies from competitors. Legendary investor Warren Buffett devised the economic moat concept. Morningstar has made it the foundation of a successful stock-investing philosophy.
At Morningstar, we've always viewed investing in the most fundamental sense: We want to hold shares in great businesses for long periods of time. How can you tell a great business from a poor one? A great business can fend off competition and earn high returns on capital for many years to come. The key to finding these great companies is identifying economic moats that stem from at least one of five sources of competitive advantage—cost advantage, intangible assets, switching costs, efficient scale, and network effect—each of which we explore in great depth.
Even better than finding a great business is finding one at a great price. The
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We are invited to open our hearts to a very personal, humble and courageous sharing of encounters, inner experiences and unique across-the-threshold communications. I definitely recommend!. You owe it to everyone that's stoop up and defended out country to hear their side.
[]. I recommend.. These techniques work very well. Almost every aspect of "Lords and Ladies" i
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